Oct 7, 2012 6:00pm PDT
his campaign is billing as a major foreign policy address, jeff. >> jeff: nancy cordes, thank you. we are four days away from the one and only vice presidential debate. and the pressures on both candidates. joe biden to lift democrats after a rough week. paul ryan to build on mitt romney's momentum. senior white house correspondent bill plante has more on that. bill, good evening. >> good evening, jeff, you know, the vice presidential debate is normally a kind of sideshow but this year it has the potential to be a major event. not only because the president didn't do very well in his debate last week, but also because of the contrast between the two candidates. >> it's biden versus ryan. >> oh, yeah, i better get ready for that. >> age -- >> this is deadly earnest. >> veruous youth. a great society liberal. >> yes, we're going to ask the wealthy to pay more. >> reporter: versus the tea party conservative. >> at a time when we have a jobs crisis in america, wouldn't it be nice to have a job creator in the white house? >> reporter: biden became a u.s. senator when ryan turned three.
Oct 8, 2012 6:30pm EDT
romney who focused on foreign policy today at an address at the virginia military institute. jan? >> reporter: scott, the overarching theme is that the president has no foreign policy strategy that he's remained passive and reactive. romney said he know it is president hopes for a safer and freer middle east but that hope is not a strategy. >> when we look at the middle east today with iran closer than ever to nuclear weapons capability, with the conflict in syria threatening to destabilize the region and violent extremist on the march and with an others dead likely at the hands of al qaeda affiliates it's clear that the risk of conflict in the region is higher now than when the president took office. >> reporter: in israel, romney said the relationship between president barack obama and prime minister benjamin netanyahu had suffered great strains which has emboldened mutual adversaries such as iran. he said the president stood silent when iranians marched against their regime and wasn't quick enough to impose sanctions something romney has advocated for five years. >> i will not
Oct 1, 2012 5:30pm PDT
debt l clifg will be addressed and what other long-term anchoring factor for the economic policies developed in, say, the united states and japan. fhose are factors of uncertainty that really prevent people from aking the investment decisions, the hiring decisions, the foreign direct investment decisions that would otherwise help growth the world over. >> pelley: if we cross the fiscal cliff, we go over the yge, do you think the united yates would go back into recession? >> if it was not addressed very oortly, yes. >> pelley: and why are you so certain of that? give >> well, you just look at the numbers. that would entail a growth contraction of about 2% in a minusyear. o if you assume that the u.s. economy forecast growth next year is 2%, 2% minus 2% equals zero. you are pretty much at the recession stage. bo pelley: there are about 12.5 million americans who lost their jobs in the great recession. we have seen our economy in cecession or stumbling along since late 2007. and a lot of americans just want to know when does this end. >> well, i would say that there is good news lurki